Reuters

BAKU, Sept 14 (Reuters) - British oil major BP has acquired a 61 percent participating interest in the existing onshore Gobustan PSA (product sharing agreement) in Azerbaijan, BP Azerbaijan said on Friday.



Crude Caps Weekly Advance as Iran Sanctions Bite Into Supply
Crude posted a third weekly advance out of four as Iranian sanctions take center stage.

(Bloomberg) -- Crude posted a third weekly advance out of four as Iranian sanctions take center stage, with investors eyeing the impact on supply.



Gazprom Neft Joins Forces with CNPC to Develop EOR Tech
Gazprom Neft announces that it has joined forces with China National Petroleum Corporation to develop enhanced oil recovery technologies.

Gazprom Neft has announced that it has joined forces with China National Petroleum Corporation (CNPC) to develop enhanced oil recovery technologies.



Saudis Hire Ex-Solicitor General Olson to Lobby Against NOPEC
Saudi Arabia is taking no chances with the longshot NOPEC bill, hiring former Solicitor General Ted Olson as a lobbyist to campaign against the act.



IEA Warns of Higher Oil Prices as Iran, Venezuela Losses Deepen
The IEA warns that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela.



The $20B Race to Eclipse Norway's Elite Oil Producers
The race is on to become Norway's biggest non-state oil company.

(Bloomberg) -- The race is on to become Norway’s biggest non-state oil company.



Lancaster EPS Subsea Installation Completed
Hurricane Energy says the installation of subsea umbilical, risers and flowlines for the Lancaster Early Production System has been 'successfully completed'.



Crude Oil Whipsaws on Demand Concerns
October WTI fell by 2.5%, erasing earlier gains this week.

The October WTI fell by 2.5 percent Thursday, erasing earlier gains this week.



Reuters

NAIROBI, Sept 13 (Reuters) - China Communications Construction Co has won a $398 million contract to build a new oil terminal at Kenya's main port of Mombasa, the acting head of the Kenya Ports Authority said on Thursday.



UK Union Members Emphatically Reject Revised Total Pay Offer
UK union Unite says its members have 'emphatically rejected' a revised pay offer by Total.

UK union Unite has stated that its members have “emphatically rejected” a revised pay offer by Total.

  1. Norway Poised to Tussle with Global Giants in German Gas Market | Gulf Coast Oil Rig Equipment & Repair
  2. Study Suggests Pipeline Delay Worries Among Permian Producers | Gulf Coast Oil Rig Equipment & Repair
  3. OPEC Sees Slower 2019 Oil Demand Growth, Warns On Economy | Gulf Coast Oil Rig Equipment & Repair
  4. EIA: US Likely Became Biggest Oil Producer Earlier This Year | Gulf Coast Oil Rig Equipment & Repair
feed-image

Contact our sales staff today to assist with your project. We are here for you.
Hablamos Español?

REQUEST A QUOTE